46 min
Ep. 3 Does My Business Need An Employee or Contractor? On the Up and Up
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- Management
This one's for all small business owners who are expanding for the first time!
Today, we cover one of the MOST talked about topics we receive when it comes to planning, hiring, developing, managing, and not getting screwed in building your team: the employee vs. contractor discussion.
The employee vs. contractor discussion is constantly evolving. There is a LOT of grey area, so it's essential to be up to date on the IRS's regulations and those within your state.
As a small business owner, having a mix of employees and contractors can help to create an enriching workplace. But how do you ensure it's still profitable? How can you approach this through a lens of neutrality? Find out some things to consider when expanding your team by tuning into this week's episode!
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In today's episode, we cover:
Reasons why the employee vs. contractor conversation is ongoingWhy having a mix of employees and contractors can be beneficialThe power of having a small teamThe danger behind misclassifying an employee and/or contractorThe main differences between an employee vs. a contractor (according to the IRS)Creating an enriching work environment that evolves over timeBehavioral controlFinancial controlRelationships of the partiesThe permanency of the relationshipThe energy exchange of an employer-employee relationship and an employer-contractor relationship
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RESOURCES:
IRS: Independent Contractor or Employee?On the blog: The Making of a Team: Contractors vs. EmployeesOn the blog: The Life Cycle of a Contractor vs. The Life Cycle of an EmployeeTake the quiz: Do You Need an Employee or a Contractor?
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Like what you hear?
Let's get your business Set to Scale - Get started!
Get Down With The Up And Up! Join our community for monthly tips, tricks, and all the juicy goss about entrepreneurship, people operations, and team development straight to your inbox.
Connect with me at:
Instagram: @theparadigmm
LinkedIn: Kira La Forgia
Facebook: Paradigm Consulting
This one's for all small business owners who are expanding for the first time!
Today, we cover one of the MOST talked about topics we receive when it comes to planning, hiring, developing, managing, and not getting screwed in building your team: the employee vs. contractor discussion.
The employee vs. contractor discussion is constantly evolving. There is a LOT of grey area, so it's essential to be up to date on the IRS's regulations and those within your state.
As a small business owner, having a mix of employees and contractors can help to create an enriching workplace. But how do you ensure it's still profitable? How can you approach this through a lens of neutrality? Find out some things to consider when expanding your team by tuning into this week's episode!
--------------------------
In today's episode, we cover:
Reasons why the employee vs. contractor conversation is ongoingWhy having a mix of employees and contractors can be beneficialThe power of having a small teamThe danger behind misclassifying an employee and/or contractorThe main differences between an employee vs. a contractor (according to the IRS)Creating an enriching work environment that evolves over timeBehavioral controlFinancial controlRelationships of the partiesThe permanency of the relationshipThe energy exchange of an employer-employee relationship and an employer-contractor relationship
-----------------------
RESOURCES:
IRS: Independent Contractor or Employee?On the blog: The Making of a Team: Contractors vs. EmployeesOn the blog: The Life Cycle of a Contractor vs. The Life Cycle of an EmployeeTake the quiz: Do You Need an Employee or a Contractor?
-----------------------
Like what you hear?
Let's get your business Set to Scale - Get started!
Get Down With The Up And Up! Join our community for monthly tips, tricks, and all the juicy goss about entrepreneurship, people operations, and team development straight to your inbox.
Connect with me at:
Instagram: @theparadigmm
LinkedIn: Kira La Forgia
Facebook: Paradigm Consulting
46 min